Phantom Units definition

Phantom Units means an Award granted pursuant to Section 8 or Section 10.

Phantom Units means any phantom unit that entitles the holder to receive common units of the MLP (including corresponding distribution rights) and/or cash that was granted pursuant to the LTIP.

Phantom Units means any phantom unit that entitles the holder to receive Acquiror Common Units (including corresponding distribution rights) and/or cash that was granted pursuant to the Acquiror LTIP.

Examples of Phantom Units in a sentence

• Such DERs shall be converted to cash, Units, Restricted Units and/or Phantom Units by such formula and at such time and subject to such limitations as may be determined by the Committee.

• The amounts shown in column (c) above represent the grant date fair value of the awards of Phantom Units.

• Phantom Units earn distribution equivalents on each record date for the payment of a distribution by the Partnership on its Common Units.

• In the case of a change in control of the Partnership, the Phantom Units and distribution equivalents will be paid in cash based on the fair market value of the Partnership’s Common Units on the date of the change in control.

• For the completion and progress of WIPP site recovery (i.e., Interim (skid-mounted), supplemental, and permanent underground ventilation systems, Panel 6 initial closure, Room 7 of Panel 7 closure, etc.).

More Definitions of Phantom Units

Phantom Units means a notional Unit granted under the Plan, which upon vesting entitles the Participant to receive a Unit.

Phantom Units means phantom units issued to Non-Employee Directors of the AmeriGas Board under the 2010 AmeriGas LTIP.

Phantom Units means a conditional promise by TEPPCO to make payment to a Grantee in cash, determined by reference to Units and in accordance with the terms of the Plan and the applicable Award Agreement.

Phantom Units means rights granted to an Eligible Individual under Section 8 representing a number of hypothetical Units.

Phantom Units has the meaning set forth in Section 4.05(b).

Phantom Units. A Phantom Unit means a notional Company Unit granted under this Arrangement.

Phantom Units means the Stock Units awarded to Non-Employee Directors under Section 4(b).